Roma reports record month of redemptions in December 2023
By Jodie BradleyRoma Finance achieved a record month of redemptions for volume and value in December, attaining 165% of expected redemptions.
The lender’s redemption exits have been a mixture of refinances and sales, with a trend towards refinance as more landlords grow their portfolios.
Roma continues to experience record-breaking periods of enquiries, and completions and 2024 has started incredibly strong.
Roma also currently has its highest ever pipeline in both volume and value with demand for its bridging and development products — and the lender is therefore expecting more record-breaking redemptions months.
Deborah Chaplain, head of collections at Roma (pictured above), said: “I am delighted with this achievement, the result of our robust engagement strategy which has proved highly successful.
“The customer service and collections team build relationships with all borrowers from the day of funding.
“We support them and are highly transparent.
“This means that so many of our borrowers and partners work with us time and again.
“We love to lend, and we love to lend again!”
Keywords: Deborah Chaplain, Roma finance, lender loan, redemptions, borrowers, partners, refinance, redemption exit, bridging, development, lender loan, record month